Good afternoon traders, I hope everybody's week is off to a good start! So, I was perusing around the markets looking for my next play and I came across BTC's weekly chart and I couldn't ignore this gem. I think that we are sitting in the short term bottom of BTC and that it's very likely that we will see another rally into the end of the year. That being said, I...
Will it Break the current bear flag that is forming? How it performed during the Tech wreck (like all tech stocks) which had no earnings , but relied on future projections of user growth ( eyeballs & clicks ) Lower prices seem inevitable if his #Bitcoin holdings go into the Red
Anyone buying Bitcoin is a fool. It has NO INTRINSIC VALUE! Michael Saylor's Microstrategy has gambled billions of borrowed dollars on this garbage which has dwarfed the companies earnings against it's Bitcoin losses. Bitcoin is going to ZERO! It will NEVER EVER EVER replace the US Dollar. The US Government would ban it as contraband first. They allow it's...
BTC oversold. Fundamentals better than ever, several nations/governments recognizing and legitimizing on both micro (governors of states) and macro (entire countries) legislating in favor of bitcoin. Legal tender status. Tax advantages forming. End game likely when the federal reserve shows evidence of Bitcoin accumulation.
We can see a high correlation between the company and BTC since the pandemic. Looking at the monthly chart, the fact is that the price is now in an important Fibonacci region at 50%. On the 1-hour chart, on the ADX indicator, we can see a decrease in the selling force (red arrows), and an increase in the buying force (green arrows), forming a kind of symmetrical...
WIll history repeat like in 99? You know what they say history rhymes.....
Microstrategy has been bearish for a while, no long opportunities at this moment. You can also use companies like Microstrategy with correlation to Bitcoin.
#Microstrategy is a spicy 🌶 buy now, down 61% from previous high of $884. You’ll 3x your money from today’s bounce at $319 in the next few months. First target break above the downtrend line, $669 to $761 right to fib retracement into the green fib box Second is the bull flag breakout! The target 🎯 from impulse move up, move the flag pole over from the...
These guys have 122,500 Bitcoin (BTC) and have a total average purchase price of 30k with an average buy in of $3.66 Billion. Watch out if Bitcoin breaks below 30k.... who knows when the banks are gonna start calling and asking for their billions back... at the time of this article in December 2021, Microstrategy's BTC was valued at $6.13 Billion which is now as...
- MSTR was down 17.84% for the day on Friday and down 254% off ATH's set in February 2021. - Microstrategy Inc. have taken a company with $500M in revenue and book value of $500M earning 7% on equity and have borrowed $2.1 BILLION, sold $900M in Shares and Purchased $3.2 BILLION BITCOIN. - MSTR is now a company with still only $500M in revenue but now has...
Institutional investors get hyper when they hear #SEC. Saylor and company told the SEC it used non-GAAP measures to give investors a fuller picture of its finances. If the company only showed declines in value, it would give “an incomplete assessment” of its Bitcoin holdings that would be “less meaningful to management or investors” in light of the company’s...
An overall view of MicroStrategy company buying the BTC deeps and having his curve being more more correlated to the Bitcoin evolution. We can see that overall , they were some FOMO in the first part the year 2021. But the price in finding support on an ascending probable trend marked by the green line. The market rebonds on it every time that the Bitcoin went...
Mr Saylor, the King of Bitcoin, Hav ebeen looking to buy into $MSTR for some time now, and now is as good a time as any, due to trendline... Should be an intresting few months ahead to say the least...
With Cathie Wood & Michael Saylor buying the dip doing so was almost compulsory. We have the best investors & best leaders in the space constantly voicing their opinions as well as their purchases. IMO there will never be buying opportunities like these again, specifically not at these prices. Unlike most of you, I survived the Bear Market/Sideways action of BTC...
Geee... this looks awfully similar to *cough* $TSLA before the parabolic move. Sitting on TL support. I have provided a fractal (path in blue) using Tesla's historical data. Enjoy. Target: $1000+ Invalidation: $600
Hello friends, today you can review the technical analysis on the 1D chart for Microstrategy (MSTR) and Coinbase (COIN). 1) Coinbase and Microstrategy are both public companies that are intertwined in the cryptocurrency markets. 2) With the sizable drop in the crypto markets, the price of Coinbase and Microstrategy will be affected when the market opens. 3)...
MSTR MicroStrategy is forming a head and shoulders bearish chart pattern. My price target is the 598usd strong support area. Looking forward to read your opinion about it.
Do you regret not buying Tesla under $700? Well... you're in luck. MicroStrategy under $700 is a GIFT. Look for $635 to hold as support and a sharp move higher towards $1000. Don't sleep on this one.